Web3′s Decision To Cancel Daily Pre-Cast Quota and Extend Expiration Time of Whitelist

On May 1st, the Web3 social graph protocol Relationship tweeted that it had decided to cancel the daily pre cast quota and extend the expiration time of the whitelist to 16:00 Beijing time on May 8th. Whitelist holders can cast. Soul profile NFTs for free at low gas fees at any time after 16:00 May 1st

The daily pre casting quota has been cancelled for the Relationship, and free casting can be done at any time after 16:00 today. Soul

The Web3 social graph protocol Relationship recently made a surprising announcement on May 1st, revealing that it had decided to cancel the daily pre-cast quota while extending the expiration time of the whitelist to 16:00 Beijing time on May 8th. This decision sparked excitement among whitelist holders as they would now be able to cast Soul profile NFTs for free with low gas fees at any time after 16:00 May 1st.

Understanding Web3

Web3 refers to a set of emerging standards and technologies aimed at creating a decentralized web where users are in control of their data and interactions, rather than being dominated by centralized service providers. This is very different from the traditional, centralized web many of us grew up using. The decentralized web is built on blockchain technology and aims to create an internet where humans are not only the users, but also the owners and controllers of the data and their online identities.

The Social Graph Protocol

The social graph protocol is an essential part of this decentralized web. It is a technology that enables users to create and manage their online identities across various platforms and services, while maintaining control of their data. In essence, the social graph protocol creates a digital portrait of every user, containing all their information, including their preferences, interests, relationships, and more.

Relationship’s Whitelisting System

In the current social media ecosystem, users have lost control of their data as it is collected, stored, and monetized without their consent by big tech companies. This is where Relationship, a social graph protocol built on Web3, comes in. The platform allows users to own and control their data while giving them the freedom to connect, communicate, and share without censorship.
Relationship uses a whitelisting system that provides a safe space for creators and collectors alike. The whitelist is a list of approved users who are permitted to buy or mint specific NFTs. This helps creators reach a more targeted and engaged audience, leading to more sales and higher engagement. The current whitelist for Relationship would have expired on May 1st, but the Extension announcement has pushed this deadline back to May 8th.

The Future of Web3 and Relationship

Web3 and Relationship represent the future of social media and online interactions. By putting ownership and control of data back into the hands of users, they can pour energy more into creating meaningful, authentic interactions without the potential risk of being censored or having their data exploited without benefitting from its usage.
Web3’s decision to cancel the daily pre-cast quota and extend the expiration time of the whitelist will allow more users to cast Soul profile NFTs at low gas fees, a plus for those who consider NFTs as a legitimate investment. Even though the NFT market has slowed recently, it’s predicted to grow in the coming years as creators experiment with new formats. By using Web3 and Relationship, creators can ensure their NFT content stays safe, secure and available for years to come.

Conclusion

Web3’s recent announcement is a major step forward for Relationship and the decentralized web as a whole. With increased attention being paid to NFTs, this decision will help Relationship keep up with the demand of NFT enthusiasts, by allowing more people to cast Soul profile NFTs. By empowering users to own and control their data while also allowing free expression, Relationship and other Web3-based platforms are planting the seeds for a better future for the internet.

FAQs

Q: What does the cancellation of daily pre-cast quota entail?
A: The cancellation of daily pre-cast quota means more users will be able to cast Soul Profile NFTs at any time, with low gas fees.
Q: What’s the significance of the Relationship whitelisting system?
A: The Relationship whitelisting system helps approved users purchase or mint specific NFTs safely and securely.
Q: What is the future of NFTs?
A: NFTs are expected to keep growing as creators experiment with new formats for digital content.